3401 S Virginia Dare Trail , Lot #1

    Nags Head, NC 27959
    • $909,000
    • STATUS: Active
    • ON SITE: 90 days
    • MLS #: 107376
    UPDATED: 29 min ago
    $909,000
    • 6
      BEDS
    • 0.32
      ACRES
    • 5
      BATHS
    • 0
      1/2 BATHS
    • 2,951
      SQFT
    • $308
      $/SQFT
    Neighborhood:
    Type:
    Single-Family Home
    Built:
    1996
    County:

    School Ratings & Info

    Description

    Investors don't walk, run, to view this 7 bedroom 5 bath rental machine consistently generating OVER 90k a year in income. Angel's Landing produced a hefty $97,890 in 2017, $90,220 in 2018, and $93,693 the books for 2019. Current owner rents as 6 bedrooms for less wear and tear, but home is really 7 bedrooms. This means your investors could generate EVEN MORE rental income (see projection on file).This home is in great location in the heart of Nags Head adjacent to the Nags Head Fishing Pier a local's favorite spot for surfing (awesome surf break), fishing, and dining. Some key features, besides rental income, are the following: home sits on a long deep lot, low maintenance vinyl siding,14x33 private pool on the oceanside, hot tub on 2nd level, upgraded interior features, amazing ocean views, and vegetated dune. Recent upgrades: Brand New Hot Water Heater and New Vinyl Siding Spring 2018 and Granite Countertops, New Baths, Flat Screen TV's, & Sectional Couch 2017. Top Level boasts; open great room with a wall of windows on 3 sides capturing lots of natural light and the tremendous ocean views, 51" flat screen tv, kitchen is updated with newer stainless steel appliances, granite countertops, and breakfast bar for additional seating, game room with billiard table, and shared full bath. Mid Level: 4 bedrooms - Two of which are oceanfront masters with private access to oceanside decks and hot tub. Two additional bedrooms, both have private access to a sunset deck, shared full bath and washer/dryer. Ground Level: 2 bedrooms, shared full bath, ground level dry entry, and 14x33 private pool. Walking distance to restaurants and shopping located at mile post 11.5. Owners block out weeks and use as 6 bedroom instead of 7,so potential for more income. Sun projects almost $100,000 if buyer truly wants to maximize income. *****To view short property video copy and paste link below: https://my.matterport.com/show/?m=r3R54BXebVo&brand=0 To view aerial video copy and paste link below: https://youtu.be/EhKL7IL42IQ

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    © 2020 Outer Banks Association of Realtors MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Outer Banks Realty Group. Data last updated: 2020-02-20T21:37:36.93.
    www.outerbanksrealtygroup.com/homes/101169365

    3401 S Virginia Dare Trail , Lot #1 Nags Head, NC 27959

    • Price: $909,000
    • Status: Active
    • Updated: 29 min ago
    • MLS #: 107376
    6
    Beds
    5
    Baths
    0
    ½ Baths
    0.32
    Acres
    2,951
    SQFT
    $308
    $/SQFT
    1996
    Built
    Neighborhood:
    Pier One
    County:
    Dare
    Area:
    Nags Head Oceanside
    Property Description
    Investors don't walk, run, to view this 7 bedroom 5 bath rental machine consistently generating OVER 90k a year in income. Angel's Landing produced a hefty $97,890 in 2017, $90,220 in 2018, and $93,693 the books for 2019. Current owner rents as 6 bedrooms for less wear and tear, but home is really 7 bedrooms. This means your investors could generate EVEN MORE rental income (see projection on file).This home is in great location in the heart of Nags Head adjacent to the Nags Head Fishing Pier a local's favorite spot for surfing (awesome surf break), fishing, and dining. Some key features, besides rental income, are the following: home sits on a long deep lot, low maintenance vinyl siding,14x33 private pool on the oceanside, hot tub on 2nd level, upgraded interior features, amazing ocean views, and vegetated dune. Recent upgrades: Brand New Hot Water Heater and New Vinyl Siding Spring 2018 and Granite Countertops, New Baths, Flat Screen TV's, & Sectional Couch 2017. Top Level boasts; open great room with a wall of windows on 3 sides capturing lots of natural light and the tremendous ocean views, 51" flat screen tv, kitchen is updated with newer stainless steel appliances, granite countertops, and breakfast bar for additional seating, game room with billiard table, and shared full bath. Mid Level: 4 bedrooms - Two of which are oceanfront masters with private access to oceanside decks and hot tub. Two additional bedrooms, both have private access to a sunset deck, shared full bath and washer/dryer. Ground Level: 2 bedrooms, shared full bath, ground level dry entry, and 14x33 private pool. Walking distance to restaurants and shopping located at mile post 11.5. Owners block out weeks and use as 6 bedroom instead of 7,so potential for more income. Sun projects almost $100,000 if buyer truly wants to maximize income. *****To view short property video copy and paste link below: https://my.matterport.com/show/?m=r3R54BXebVo&brand=0 To view aerial video copy and paste link below: https://youtu.be/EhKL7IL42IQ
    Exterior Features

    Construction FrameWood Exterior Lap SidingCement Fiber Board Extras Hot TubOutside Shower Foundation PilingSlab Garage 2 CarCarport Lot Description Beach FrontageLevelWater Frontage Lot Faces W Lot Size Dimensions 50X412 Parking PavedUnder Pool OutdoorIn GroundFiberglassPrivate Pool Pool YN Yes Roads PavedPublic Roof Asphalt/Fiber Shingle Street Frontage 50 Style ContemporaryReverse Floor PlanCoastal View Description Ocean Water Frontage 53 Waterfront Location Oceanfront

    Interior Features

    Air Conditioning CentralHeat PumpZoned Appliances DishwasherDryerMicrowaveRange/OvenRefrigeratorWasher Counter Tops Solid Surface Floor Coverings CarpetTileWood Laminate Furnishings Available YN Yes Heating CentralHeat PumpZoned Interior Features Cathedral Ceiling(S)Dryer ConnectionMaster BathWasher Connection Optional Rooms Game Room Unit1 Furnishings YN Yes

    Property Features

    Annual Rental Income 99700 Association Fee YN No Bank Owned YN No Estimated Annual Fee 0 Financing Options CashConventional Flood Zone Ve Lease Terms Weekly Possession At Closing Potential Short Sale No Primary Residence YN No Rental Cottage Name Angels Landing Rental Performance 0.1097 Residential Type Single Family - Detached Sewer Septic Private Septic Tax Year 2019 Taxes 9036.36 Water Municipal Zoning Res

    Listing courtesy of Heather Vandermyde of Coldwell Banker Seaside Realty - Kdh.


    © 2020 Outer Banks Association of Realtors MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Outer Banks Realty Group. Data last updated: 2020-02-20T21:37:36.93.
     
    Outer Banks Realty Group
    PO Box 3009
    Kitty Hawk NC, 27949